Portal Conductor: Nevin E. Adams, JD

Nevin is the American Retirement Association’s Chief Content Officer and serves as Editor in Chief of NAPA Net and NAPA Net the Magazine.

Previously he was the Employee Benefits Research Institute’s Director of Education and External Relations, Co-Director of EBRI’s Center for Research on Retirement Income and Director of the American Savings Education Council.

Nevin spent a dozen years as Global Editor-in-Chief of PLANSPONSOR magazine and PLANSPONSOR.com, as well as the PLANADVISER Europe and PLANSPONSOR Europe magazines. He was the creator, writer and publisher of PLANSPONSOR.com’s NewsDash, and was instrumental in launching the publication’s popular and distinctive conference series.

He also worked at Northern Trust in Chicago in a variety of management roles, culminating in the development of a proprietary recordkeeping platform, and at Wachovia Bank, leading their defined contribution/recordkeeping businesses.

He has been honored three times by the National Association of Government Defined Contribution Administrators (NAGDCA) with their Media Recognition Award (in 2002, 2004 and 2013), and was listed as one of the Most Influential People in Defined Contribution by the 401kWire for five consecutive years.

Article Index

Roughly a year to the day after first filing suit, plaintiffs and the University of Chicago have entered into a class action settlement for a $6.5 million cash payment and changes to the university’s $3 billion plan. Read More

Industry reports suggest that fund fees are falling. What are NAPA Net readers seeing – and how is that playing into menu design, target-date fund selection, and communications with plan sponsors? Read More

From the day we launched our call for Top DC Advisor Teams, there has been an interest in a related compilation – one that captures the DC assets of an entire firm, or a multi-office arrangement. Read More

Less than a week after the suit was filed – but (apparently) after six months of arm’s length negotiation with the assistance of a national mediator, the parties in an excessive fee suit have come to terms. Read More

Rarely a week goes by that a headline, survey or academic paper doesn’t proclaim the reality of a retirement crisis with the certainty generally reserved for topics like the existence of gravity, or the notion that the sun will rise in the east. Read More

The law firm of Schlichter, Bogard & Denton, LLP, has targeted another 401(k) plan for breach of its fiduciary duties – and, among other things, they claim that the lack of a stable value fund cost plan participants $41 million. Read More

Morningstar’s annual study of U.S. open-end mutual funds and exchange-traded funds found that 2016-2017 was the largest year-over-year decline in fees recorded since the firm began tracking the trend nearly two decades ago. But are you – and your plan sponsor clients – seeing that? Read More

Pundits have long worried that retirees wouldn’t have accumulated enough to live on in retirement, but the data suggests that most retirees aren’t exactly burning through their retirement savings. Read More

Matrix Trust has pushed back on claims that its role as plan custodian created “functional fiduciary” liability for the firm in a case involving 401(k) plan asset theft by a third party administrator. Read More